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Berkshire Hathaway's Warren Buffett steps down as Chairman, passing role to son Howard.

Market News
18 Sep 2026
Finbold
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Berkshire Hathaway's Warren Buffett steps down as Chairman, passing role to son Howard.

Warren Buffett has stepped down as Chairman of Berkshire Hathaway, handing over the role to his son, Howard Buffett. This leadership change follows Buffett's earlier step down as CEO, with Greg Abel now running the company. Buffett cited his advanced age as the reason for the transition but expressed confidence in the company's future and its long-term shareholder focus. Howard Buffett will focus on preserving the company's culture and values, while Greg Abel manages operations, signaling continuity in Berkshire's strategy and governance.

Berkshire Hathaway's Class B shares trade at USD 507.70 on Pluang as of September 18, 2026, 19:21 WIB. The stock has seen a slight decline of 0.39% in the past day, with a market cap of $1.09 trillion. Trading activity on Pluang shows a strong sell sentiment, with 91% of orders being sell and only 9% buy, reflecting cautious investor behavior at this leadership transition.

More News (BRK.B)

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